Google tax is a term used to refer to anti-avoidance provisions that have been passed in several jurisdictions dealing with profits or royalties that have been moved to other jurisdictions with lower or zero rates.Read More »
Tag: jurisdictions
Australia – GST Treatment of Cross-Border Transactions – GST changes to B2C and B2B supplies – new exposure draft released
Treasury has released a second exposure draft legislation on the Government’s integrity measures to extend the GST to imported digital products and other services. The exposure draft also seeks comments on provisions to give effect to the announced measure relating to GST cross-border business to business transactions and the ‘connected with Australia’ rules.
Treasury has noted that as a result of feedback from consultation (including feedback from a number of international suppliers that have had experience in dealing with similar provisions in other jurisdictions), changes have been made to the content of the earlier exposure draft. This is especially in relation to the Australian Consumer test and also the operation of the intermediary provisions. Read More »
EU Commission Action Plan – List of non-cooperative tax jurisdictions
As part of the work on good tax governance Member States provided the Commission with lists of those jurisdictions they determined met their definition of non-cooperative tax jurisdictions.
Please see the LIST (late 2014)
Transparency and Exchange of Information for Tax Purposes – new developments
On 29 October 2014, 51 jurisdictions signed a multilateral competent authority agreement to automatically exchange information based on Article 6 of the Multilateral Convention. The significance of this event was demonstrated by the participation of 39 ministers* in the signing ceremony, the largest gathering of ministers to take joint action to address tax evasion.Read More »
Michaela Merz 